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You should get some sleep . It's getting late. Have dinner
You don't understand regulatory. None of it matters. Power of 9 zeros and all.
Do you even know why you are on this board?
Lol. Seems desperate over Elites 4th or fifth largest product. Lol
The stay is because they already lost and are likely to lose again. Elite and Purdue requested it.
It did just occur to me that you are posting for anyone new that comes to the board so you can distract and mislead.
You really don't know why you are here. Wild
Lol. It's Elites 5th? Largest drug. And they wouldn't litigate over and over because the court ruled based on obviousness.
Why are you here again? Still not allowed to say?
Huh? It means the court already ruled against Purdue on the same matter and likely is going to on the others. So the stay is to wait for that to complete since that would be waste the courts time.
Elite and Purdue requested it
Just lying blatantly now?
It's what I explained two days ago. Haven't read this latest response. Looks like judge agreed. Long story short some of the patents, court already ruled against in Accord 1 and is under appeal. Bunch of the others are currently in trial in Accord 2.
Both Purdue and Elite looks like they agreed to wait for these results before proceeding since it would waste everyone's time basically to re litigate these items.
Looks like judge agreed to the 6 month stay with stipulations.
Have to read this later in better detail
You really do t know why you are here? Do you?
It's really a simple question. Lol
good night
You really don't know why you are here, do you?
It's daytime there
I think you can infer that but doesn't mean they are approved or did the abuse studies . So first approved or first to file ... sigh ...
OXY is a cherry on top. If they (Accord) holds up on appeal, Purdue may very well want to make a deal with Elite because they would be losing that leverage. But again, Opioids are very complicated because of regulatory and we market ourselves right now. It's a bonus.
My gut says we end up partnering. I just hate the idea
Lol. That's not gonna happen. Opioids are hard for so many reasons. Purdue is just trying to protect their livelihood. Elite is trying to launch a generic version. Both sides would have to give something. Also Purdue would appeal everything and draw it out for awhile. So they have leverage no matter what.
I can't remember and if anyone wants to dig the interwebs, I believe Purdue did this before with someone. Authorized generic, licensing, profit split, royalties etc etc yada yada
It's just the nature of pharma. There are sooo many lawsuits like this. My best guess is Elite and Purdue make a deal. I'll hate it but could be expeditious and make sense for both parties
See my posts below. The patent family (2) basis of their current lawsuit has and is currently being litigated. Purdue vs Accord 1 and 2
Also so you know better, we name our dogs "King" and we dont eat them
Are you mad because I posted the information on the Purdue lawsuit? Lol
Seems that way. You burning the candle at both ends now?
Let me translate for you. That expression means staying up all night because of the time zone change and being up at daytime which is morning right now for you
Lol. You don't actually own any shares do you?
I believe both parties have agreed to this and it was filed today
OXY is a good product and a first to file would be great. But it is like our 4th or 5th largest product. But on the other hand, it could create publicity and bring even more eyes. I suspect the financials are doing that anyway. Too good to ignore at this point. And the super low debt is an anomaly in pharma land
They (Elite) is requesting to delay their case as the family (2 families) of patents are already in court being litigated. Some were already ruled against Purdue and are being appealed. Purdue lost due to obviousness. Meaning it would be obvious to use xyz in abc manner and isn't a new invention or unique application. That's the basic idea. I spent way too much time on this years ago.
Patents "family" means that one patent kind of begats the next. It's how companies protect their inventions. Think of it like a house with a door. And this identifies all the windows you could get in and closes those too. In this case it seems there are two families of patents.
The other trial is mid Feb. Elite is suggesting a 6 month stay since it wouldn't be efficient to run a case with Elite when it's already been litigated (Purdue lost and are appealing) or in the process of litigation. Both mid February I believe.
Note that these trials do not cover all of the patents but about half. (But all from the same family) It is looking like nonsense from Purdue imo but this is what they do and is expected.
You are slipping and it shows and you have no idea why you are here. Its not a complicated question
lol. no. sorry. For Mr Eat a bag
You really don't know why you are here. Do you? And what I said was correct.
you guys seem desperate today. Be honest. you actually don't know why you are on this board...do you?
They recognize revenue on shipment. Simple
You are becoming boring. Why are you here? Still can't say?
Are we due a trial on what has been speculated to be concerta?
Again, this board is theatre ...always remember that. Actors and roles being played. The stock never should have been at the levels it was.
Made zero sense. Still doesn't make sense.
Prasco has been around for at least a year. But I bet you know that. Lol
He is playing a role. Always has. It's all theatre.
You are the biggest liar on the board. Lol.
It's a company. A real company with real products making very real money. Soon to be even more and more money. Your job to come here to suit your master is the only thing sad.
Tell us why you have been coming here for years? Not allowed to say are ya? Or you actually don't know?
Stock was naked shorted down to that level. Create fear uncertainty etc...naked short when you need to hold the price down. Even then the stock was thin.
The tax advantages the company holds was worth the market cap at various points . And they were profitable and they had launched Adderall and they had other deals and products expected.
People would say, it's crazy to short this ...no one would...blah blah blah.
Well that depends on your end game. But when people don't want to sell their shares, you have to short and then often there isn't enough to borrow. So you naked short and all these folks in foreign countries with so many IDs here.
It's also why you get that quick spikes on news or just randomly. All plays together.
What you have to think about is motive.
That's why Lazarus Elite Post stickied is probably as close to the truth as we currently know.
What I do know is the company is profitable, has low debt, (remarkably low for the industry) debt to asset unbelievably low.
Rapid expansion in terms of products and logistics to meet current and future demand.
And they have a $10b pipeline and still only a 170m cap. Should do 100-150m in revenue in 2024 and it's just the beginning
And the products sell themselves. Adderall IR and ER, Vyanese, isradipine, concerta likely, oxycontin.
Many in shortage.
It's been a no brainer for a year.
Prasco shipped in December. That is for this Q report. . That first shipment and revenues are added to the 14.5 from last Q.
As of Sept 30th they had 15m in inventory
I don't think he actually knows why he is here. the actual end game etc,,
Lol. Is that the angle of the day? It's a really big product. OXY. It's also like their 4th or 5th largest marketed drug. I think they will be fine either way.
But you knew that already. Do they tell you why, when they send you to this board?
I was mad about IQ but OG has been great. Why are you here again?
Why are you here? Lol. You were told to come here and you don't even know why...do you? or just not allowed to say?
ELTP is a math play at this point. How much money can they make how fast. its a lot and its pretty fast